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Wi-Fi Test Equipment Market to Reach USD 27,879 Million Globally by 2033 at 7.5% CAGR: Future Market Insights, Inc.

Posted on by darion

The Wi-Fi test equipment market, which was valued at USD 13,526.7 million in 2023, is estimated to reach USD 27,879 million by 2033, growing at a CAGR of 7.5% during the forecast period. The ever-increasing demand for super-fast networks coupled with technological advancements is expected to boost the consumption of Wi-Fi test equipment.

Wi-Fi test equipment is also able to optimize our wireless network and demonstrate that wireless optimization is not an expensive operation. This is expected to increase the demand for Wi-Fi test equipment.

The fact that Wi-Fi test devices tell us what kind of encryption is being used to protect the wireless network is driving sales of this equipment. This is especially important when some companies deal with confidential and secret information.

Download a sample copy of the Wi-Fi Test Equipment Market Report

Wi-Fi test equipment helps in analyzing the network coverage. This is possible by constructing a heat map that allows us to detect weak signal spots. This is expected to increase the size of the Wi-Fi test equipment market.

The IoT business is growing, and all the big players are using Wi-Fi testing equipment. The increasing prevalence of electronic devices such as smartphones, laptops, and tablets has also contributed to the growth in the use of Wi-Fi testing equipment.

Key Findings from the Wi-Fi Test Equipment Industry Analysis

  • Over the last five years, the market has grown at a CAGR of 6%.
  • North America, which has a 36% market share and is the most significant market,
  • Europe, which currently accounts for 24% of the industry, is likely to become one of the most important markets for Wi-Fi test equipment.
  • The United States is expected to grow at 8% CAGR over the next decades.
  • The Chinese market is expected to grow at a CAGR of 7.6% over the next decade.

Competitive environment

All major competitors are focused on expanding their operations, either through mergers and acquisitions or by setting up new factories around the world. This will ensure that these key companies continue to provide their customers with a seamless Wi-Fi service.

  • In August 2022, Spirent Communications plc (LSE:SPT), a leading developer of test and verification solutions for next-generation devices and networks, will launch a new ‘Send Us Your Device’ Test as a Service (TaaS) offering for Wi-Fi customers. The service, the first of its kind from a manufacturer of high-performance Wi-Fi test benches, provides enterprises with access to the sophisticated capabilities of Spirent’s OCTOBOX emulation and testing system.
  • Keysight Technologies, Inc., a global technology leader delivering leading-edge design and security solutions that accelerate progress to connect and protect the world, announced in May 2022 that Celona has selected Keysight’s Open RAN Architect (KORA) portfolio to validate the performance and reliability of private 5G enterprise network deployments.

Key players

  • Danaher Corporation
  • Cobham Limited Liability Company
  • NetScout Systems Inc.
  • Viavi Inc. Solutions
  • Spirent Communication
  • Ixia

Checkout now to access competitive analysis

More valuable insights

In its latest offering, Future Market Insights presents an unbiased analysis of the global Wi-Fi test equipment market, presenting historical analysis from 2018 to 2022 and forecasted statistics from 2023 to 2033.

The study reveals important information by type (desktop Wi-Fi test equipment, laptop Wi-Fi test equipment), application (R&D, manufacturing, quality assurance, residential), organization size (small business, medium business, large enterprise) and region.

Key Segments Profiled in the Wi-Fi Test Equipment Market Study

By type:

  • Desktop Wi-Fi Testing Equipment
  • Portable Wi-Fi Testing Equipment

By application:

  • Research and development
  • Production
  • Quality assurance
  • Household

By organization size:

  • Small businesses
  • Medium-sized enterprises
  • Large enterprises

By region:

  • North America
  • Latin America
  • west Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award winner, and member of the Greater New York Chamber of Commerce) offers in-depth insights into the factors driving market demand. FMI is a leading global provider of market intelligence, advisory services, consulting, and events for the packaging, food and beverage, consumer technology, healthcare, industrial, and chemical markets. With an extensive team of over 400 analysts, FMI offers global, regional and local expertise across diverse disciplines and industry trends in more than 110 countries.

Contact us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Apartment 401, Newark, Delaware – 19713, USA
Phone: +1-845-579-5705
For commercial inquiries: [email protected]
Website: https://www.futuremarketinsights.com
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